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IBM Announces New Method
For Sending Encrypted Data

International Business Machines Corp. announced Monday a new method for sending information securely over the Internet, further protecting transactions on the global network from prying eyes.

The new method promises to address a potential vulnerability in encryption systems used by many Web sites to protect credit-card numbers and other personal information while en route over the Internet. That flaw, discovered in June, sent Netscape Communications Corp. and Microsoft Corp. scrambling for a solution that would reassure consumers...